Cryptocurrencies

NEM (New Economy Movement) is a new cryptocurrency with an equal opportunity philosophy. In terms of capitalization it is among the top 10 cryptocurrencies on Coinmarketcap. Exchange ticker - XEM. The number of coins in circulation is equal to 9 billion and there will be no more emission. NEM cryptocurrency was created in 2016 and gained high popularity in Japan.

IOTA (MIOTA) is a relatively new virtual currency in the top 10 global cryptocurrencies. IOTA currency was created at the end of 2015 as a tool for payment on the Internet of Things (IoT). IOTA is a peer-to-peer system based on transactions between users using the Coordinator. Cryptocurrency has a great future since it solves the problem of interconnecting millions of different devices of the Internet of things.

Litecoin (LTC) is a second Bitcoin's fork cryptocurrency after Namecoin. Litecoin is the second most popular cryptocurrency in the world after Bitcoin. The Segwit (Segregated Witness) protocol was used creating Litecoin. It was widely used in Bitcoin forks to solve the problem of scaling and increasing the speed of transactions.

Ripple is a decentralized cryptocurrency which relates to the same name payment system. Ripple is based on a chain of blocks as Bitcoin. This currency exists only in the Ripple system. 1 XRP is divided into a million units called drops. In the beginning 100 billion XRPs were created and according to the rules of the Ripple network protocol it will no longer be created.

Bitcoin Cash is a new cryptocurrency created as a branch of Bitcoin. Cryptocurrency separation occurred due to the necessity of changing old Bitcoin protocol with a new one in order to increase the transaction processing speed. Opinions of market participants have split into two camps and two branches were formed: one branch uses the new SegWit2x protocol and the another uses Bitcoin cash.